Latest Posts

Russia removes ban on high-sulfer and bunker fuel exports

Russia has modified its restrictions on the export of fuel, including removing prohibitions on high-sulfur diesel and fuel used as bunkering for some vessels. According to Reuters, few days ago, Russia had implemented a temporary ban on the export of oil

Svitzer Fleet Expands Along Brazilian Coast

Svitzer, a leading global towage provider and part of A.P. Moller – Maersk, has announced the continued expansion of its fleet in Brazil, as part of the ongoing growth of its operations in the country. Svitzer Monte KT is the fourth

Jinhui Shipping picks up ultramax for $20.4m

Jinhui Holdings Chinese bulker operator Jinhui Shipping and Transportation has returned to buying mode shortly after disposing of its oldest vessel. The Oslo- and Hong Kong-listed company has snapped up a 2014-built ultramax Hanton Trader III paying around $20.4m. Brokers